The liquidity of real estate is the ability to quickly and painlessly sell or buy it on the market. It is determined by how soon an asset can be sold, and predictability of its value changes during the sale process. High liquidity means that properties can be sold quickly at the market price, while low liquidity can cause problems when selling without depreciating in price.
Factors on which liquidity depends:
• Properties located in attractive areas close to the sea or key facilities may have higher liquidity
• Options that fit better the preferences of tourists or potential residents may have higher liquidity
• Projects that offer unique investment opportunities or guarantees may attract more buyers
• Stable economic situation in the region favours higher liquidity
Before investing, it is important to make a detailed analysis and consider the following aspects:
• Ensure that the legal aspects of property purchase in Northern Cyprus are fully transparent and in accordance with the law
• Consider proximity to key facilities such as stores, restaurants, main roads, etc.
• If your goal is to invest in let-out property, evaluate the corresponding demand in the location
• Examine the possible risks associated with investing and value the potential yield
NOTE: The liquidity of real estate in Northern Cyprus, as elsewhere, depends on many factors. Investing in real estate in this region can be promising but requires caution and in-depth analysis. Before deciding, do consulting with professional realtors and experts in the field.